Thoma Bravo Scouts Another $6.3B Cybersecurity Deal as AI Security Demand Surges

Private equity firm Thoma Bravo is hunting for its next major cybersecurity acquisition in the $6 billion range within the next year, riding a wave of enterprise demand for AI security defenses. The firm, which has already locked in two landmark deals this year—Proofpoint's $6.3 billion acquisition of Varonis and its own $5.3 billion Darktrace buy—is betting that the explosion of AI deployment will force organizations to significantly expand their security spending.